Taiwanese tech firm plans to increase investment in Vietnam to $3 billion

Cooler Master, a Taiwan-based computer hardware manufacturer, has invested about $200 million in northern Bac Ninh Province, Vietnam,  and plans to raise its total investment  capital  in the country to around $3 billion in the coming years.

In 2023, Cooler Master Vietnam Manufacturing Co., Ltd. was first granted an investment certificate for a project at the Province's Gia Binh Industrial Park.

According to information released at a meeting between Bac Ninh provincial leaders and Cooler Master on March 10, the first phase of the project began operations in July 2025 with implemented capital of about $140 million. The company currently employs nearly 1,300 workers, with its workforce expected to increase to about 5,000 by 2026.

Enterprises under the group focus on producing cooling modules for AI servers, machine learning systems, and high-precision liquid cooling equipment for data centres.

Positioning Bac Ninh as a key hub for its global supply chain, Cooler Master plans to invest around $3 billion to implement additional projects. If carried out as planned, these projects could create about 40,000 jobs by 2029 while forming a network of suppliers and partners involved in the production chain.

The company has also expressed interest in investing in a training centre and accommodation facilities for its employees and experts in the province.

Source: VnEconomy